Plan Snapshot
- Plan Sponsor: Automatic Data Processing, INC.
- Sponsor EIN: 221467904
- Sponsor Address: ONE ADP BOULEVARD, ROSELAND, NJ, 070681728
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 34,063
- Total Assets: $172.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 34,063 | $172.5M | $266.9M | $132.6M |
| 2023 | 34,539 | $176.2M | $249.8M | $125.1M |
| 2022 | 33,407 | $175.0M | $273.5M | $117.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AETNA | Recordkeeper | $7,755,555 | — | $7,755,555 |
| UNITED HEALTHCARE | Recordkeeper | $5,342,951 | — | $5,342,951 |
| PERSONIFY HEALTH, INC | Recordkeeper | $2,926,350 | — | $2,926,350 |
| EXPRESS SCRIPTS | Other Service Provider | $2,675,220 | — | $2,675,220 |
| COHNREZNICK LLP | Investment Advisor | $42,510 | — | $42,510 |
| MERCER HEALTH & BENEFITS LLC | Actuary | $42,427 | — | $42,427 |
| WINSTON AND STRAWN LLP | ERISA Attorney | $28,104 | — | $28,104 |
| PRICEWATERHOUSE COOPERS LLP | Auditor | $17,877 | — | $17,877 |
| SEGAL COMPANY | Other Service Provider | $16,940 | — | $16,940 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UNITED HEALTHCARE — Recordkeeper
- COHNREZNICK LLP — Investment Advisor
- MERCER HEALTH & BENEFITS LLC — Actuary
- WINSTON AND STRAWN LLP — ERISA Attorney
- PRICEWATERHOUSE COOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,847,934
- Estimated Expense Ratio: 10.924% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $18,847,934 | — | — | — | — |
| 2023 | $19,685,810 | — | — | — | — |
| 2022 | $20,210,092 | — | — | — | — |